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VSXY — Victoria's Secret & Co. News Story

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Victoria's Secret soars after annual forecasts raise on strong demand

** Shares of lingerie maker Victoria's Secret VSCO.N up about 12% at $46.50 premarket

** Co raises annual sales and profit forecast, betting on strong demand for its curated product assortment of iconic brands including Victoria's Secret and PINK

** Now expects annual net sales of $6.45 billion to $6.48 billion vs. prior guidance of $6.33 billion to $6.41 billion

** Also sees annual adjusted EPS in the range of $2.40 to $2.65 vs. prior guidance of $1.80 to $2.20

** Co reports Q3 net sales rises 9% at $1.47 billion vs. estimates of $1.41 billion - as per data compiled by LSEG

** Up to last close, stock up ~53% QTD

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))

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